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DALLAS, Texas, April 17, 2009 – The Texas Employee Confidence Index remained virtually unchanged in March, rising 0.6 points to 44.7, according to the latest Spherion® Employment Report. The monthly survey of Texas workers, conducted by Harris Interactive® on behalf of Spherion Corporation, indicates that as more workers report confidence in the future of their current employers and in their ability to find a new job, fewer workers are optimistic about the number of jobs available.
Results from the Texas Employment Report:
- Only five percent of workers believe more jobs are available, decreasing three percentage points from February.
- Sixty-eight percent of Texas workers are confident in the future of their employers, compared to 61 percent in the previous month.
- Half of Texas workers surveyed are confident in their ability to find a new job. Specifically, 50 percent versus 44 percent in February.
“While Texas is faring better than the nation as a whole, we are still feeling the effects of the economic slowdown, although on a much milder level,” said Kim Lockhart, regional vice president for Spherion in Texas. “Many employers are focused on keeping current staff levels, but there are pockets of opportunities out there. Job seekers need to search a little harder to uncover them and present a clear and compelling reason why they can add immediate value to companies. Candidates are going to have to continue to compete against larger numbers of job seekers for fewer openings. It is definitely an employer’s market.”
| March 2009 Employment Report Results | Texas Workers | U.S. Workers | |||||
| Feb | Mar | % Point Change | Feb | Mar | % Point Change | ||
| Economy | Getting Stronger | 8% | 8% | 0 | 6% | 6% | 0 |
| Staying Same | 27% | 27% | 0 | 24% | 26% | +2 | |
| Getting Weaker | 65% | 65% | 0 | 70% | 68% | -2 | |
| Job Availability | More Jobs | 8% | 5% | -3 | 5% | 5% | 0 |
| Same Amount | 20% | 21% | +1 | 17% | 16% | -1 | |
| Fewer Jobs | 72% | 74% | +2 | 79% | 78% | -1 | |
| Ability to Find New Job | Confident | 44% | 50% | +6 | 38% | 39% | +1 |
| Neutral | 34% | 28% | -6 | 34% | 35% | +1 | |
| Not Confident | 22% | 21% | -1 | 27% | 26% | -1 | |
| Future of Current Employer | Confident | 61% | 68% | +7 | 63% | 66% | +3 |
| Neutral | 29% | 18% | -11 | 24% | 22% | -2 | |
| Not Confident | 10% | 14% | +4 | 14% | 13% | -1 | |
| Likelihood to Lose Job | Likely | 15% | 16% | +1 | 17% | 18% | +1 |
| Neutral | 10% | 13% | +3 | 12% | 14% | +2 | |
| Not Likely | 75% | 70% | -5 | 71% | 68% | -3 | |
| Likelihood to Look for New Job | Likely | 34% | 37% | +3 | 33% | 36% | +3 |
| Neutral | 13% | 11% | -2 | 12% | 13% | +1 | |
| Not Likely | 53% | 52% | -1 | 56% | 51% | -5 | |
About the Spherion Employment Report
About Spherion
Spherion Corporation (NYSE:SFN) is a leading recruiting and staffing company that provides integrated solutions and breakout specialties to meet the evolving needs of companies and job candidates. As an industry pioneer for more than 60 years, Spherion has sourced, screened and placed millions of individuals in temporary, temp-to-hire and full-time jobs.
With approximately 650 locations in the United States and Canada, Spherion delivers innovative workforce solutions that improve business performance. Spherion provides its services to approximately 10,000 customers, from Fortune 500 companies to a wide range of small and mid-size organizations. Employing more than 230,000 people annually through its network, Spherion is one of North America’s largest employers. Spherion operates under the following brands: Spherion Staffing Services Group for administrative, clerical and light industrial workers; Technisource for technology professionals and solutions; The Mergis Group for accounting and finance and other professional positions; Todays Office Professionals for specialty administrative personnel; and Spherion Recruitment Process Outsourcing. To learn more, visit www.spherion.com.
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